CBN sanctioned nine deposit money banks with fines totalling N1.35bn for failing to ensure cash availability via automated teller machines during the festive season. Each of the banks was fined ...

The governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has expressed optimism about a positive economic trajectory for the country in the first half of 2025, citing significant ...

At an economic briefing of the joint Senate Committee on Finance, Banking, Insurance, and Other Financial Institutions and National Planning in 2024, the Governor of the CBN, Olayemi Cardoso ...

The Central Bank of Nigeria (CBN) has said it has approved the release of the Nigerian Foreign Exchange (FX) Code. According to CBN in a statement, the Code serves as a guideline to the banking ...

Meanwhile, cannabinol (CBN) is also procuring recognition in the holistic health space. While these two compounds share similarities in their origin and name, there are important differences ...

In apparent reflection of liquidity constraints in the interbank money market, banks’ borrowing from the Central Bank of Nigeria, CBN, rose by 261.3 percent year-on-year (YoY ...

After Korea, Philippines media giant ABS-CBN is positioning itself as the next potential purveyor of hit Asian entertainment, building on the international box office success of “Hello, ...

The Naira depreciated by 41% and 26% against the dollar in the official and parallel foreign exchange markets, respectively, to end 2024, despite interventions from the Central Bank of Nigeria.

The Central Bank of Nigeria (CBN) has imposed fines of N150 million each on nine Deposit Money Banks (DMBs) for failing to dispense cash via Automated Teller Machines (ATMs) during the festive season.

The Central Bank of Nigeria (CBN) expects the country’s economy to grow by 4.17 per cent, up from 3.36 per cent in 2024. Muhammad Abdullahi, deputy governor of CBN’s economic policy directorate, ...

Nigeria’s foreign reserves hit a three-year high of $40.2 billion in 2024, but the naira saw instability for much of the year, with the Central Bank of Nigeria (CBN) tweaking policies to stabilise the ...

The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has launched two transformative initiatives, the Document Flow (DocFlow) System and the Ministries, Departments, and Agencies ...